What does the H.O. mean on this gold ring?

cwcs

Tenderfoot
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Nice Ring !
The "H.O." looks like the mfg. mark - try a Google search.

Good Luck !
 

Nice find
 

Possibly, "Heavy Overlay" a somewhat deceptive way of saying its plated or it might be a makers initials.
 

Seven years later and we still don't know for sure:
Don in SoCal
 

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